Telegram Rolls Out Gram Wallet, Boosting GRAM Price
GRAM (formerly Toncoin) has seen a significant price surge after Telegram announced the rollout of its native Gram Wallet to selected users. The wallet, designed for self-custody, will become the default option available through user settings and support transfers, payments, and purchases across the Telegram ecosystem.
The rollout follows plans announced during the summer and comes as part of a wider effort to reposition the token around Telegram's crypto ecosystem. Validators have approved the smart contract powering Gram Wallet, ensuring that developers can update the wallet without requiring users to move funds into new contracts.
Telegram is also separating its crypto products into two distinct services: Gram Wallet will focus on payments and transfers, while Walt will offer broader investment and trading tools. The rebranding of Wallet in Telegram as Walt is part of this effort.